Latest Refining News

White Energy Company Limited has announced a partially underwritten entitlement offer to raise approximately $3.5 million at a 10% discount, aimed at funding key mineral exploration projects across Australia.

Silver Mines Limited has announced its best-ever mineralised diamond drill intercept at the Bowdens Silver Deposit, hitting 116 metres at 245g/t silver and significantly surpassing previous records. This breakthrough validates Bowdens as one of Australia’s premier undeveloped silver projects amid a backdrop of soaring silver prices.

Prospect Resources has identified 11 strong electromagnetic conductors at its Mumbezhi Copper Project in Zambia, highlighting promising new exploration targets including the 2.5km Chipimpa cluster. With Phase 2 drilling complete and assay results pending, the company aims to update its Mineral Resource estimate in early 2026.

Middle Island Resources has identified significant lead and zinc soil anomalies at the Tisovik target within its Bobija Project in Serbia, highlighting promising exploration potential in a historically mined area. Assay results reveal high-grade mineralisation footprints extending over 1.5km, setting the stage for further investigation.

Robex Resources has completed Phase 1 grade control drilling at the Sabali South deposit within its Kiniero Gold Project, revealing stronger mineralisation and higher contained gold ounces than previous models. The company remains on track for first gold production in Q4 2025.

Larvotto Resources reports a breakthrough 90% tungsten recovery from metallurgical testwork at its Hillgrove project, signaling a new revenue stream alongside gold and antimony production.

Nuix Limited’s 2025 AGM revealed steady ACV growth, a leadership transition, and a strategic push centered on its Nuix Neo platform to fuel future expansion.

Belararox Ltd has signed a drilling contract with Boart Longyear, setting the stage for deep diamond drilling at its TMT Project in Argentina. Concurrent geophysical surveys are refining targets ahead of planned Q4 2025 drilling.

West Cobar Metals has reported encouraging gold assay results from its recent aircore drilling at the Mystique Gold Project in Western Australia, highlighting structural controls that could point to a significant deposit.

Augustus Minerals has expanded gold anomalies at its Music Well project in Western Australia through extensive soil sampling, prioritizing Clifton East for upcoming drilling. The discovery of new undercover targets signals promising exploration upside in a prolific gold region.

Andromeda Metals has raised nearly $1 million through a Share Purchase Plan, bringing total recent capital to almost $14 million to advance its Great White and HPA projects.

Magnetite Mines Limited has confirmed additional near-surface rare earth mineralisation at its Ironback Hill Project in South Australia, setting the stage for a targeted drilling campaign in early 2026.